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Ghana Airports to negotiate aviation fuel prices

2015-08-09 05:53:58| Airlines - Topix.net

The Chief Executive Officer of Ghana Airports Company, Mr Charles Asare, has indicated the company's resolve to engage the government on how to have the price of aviation fuel reduced for the airlines using the country's airport. The move is intended to make the airport more attractive to the airlines while helping to reduce their operational costs.

Tags: prices fuel ghana aviation

 

Tullow Oil expects to resume gas exports from Jubilee Field to Ghana Gas plant

2015-07-20 01:00:00| Offshore Technology

Tullow Oil has announced that exports of gas from the Jubilee Field to the Ghana Gas plant at Atuabo are expected to restart by mid-August.

Tags: field gas oil plant

 
 

Ghana to require mobile money licence for non-banks

2015-07-09 11:16:00| Telecompaper Headlines

(Telecompaper) Ghana's central bank (BoG) has introduced a new set of guidelines for telecommunication companies engaged in mobile money services. They will have up to six months to establish a separate business entity to handle their electronic money services. Under the guidelines, which became effective on 06 July, non-banks that have previously been offering mobile financial services in partnership with banks must apply within six months of the guidelines coming into effect for a licence, in order to conform to the new framework. The objective of the latest guidelines, the Bank of Ghana said, is to "ensure that electronic money is only provided by a financial institutions regulated under the Banking Act, or duly licenced non-bank entities which are engaged solely in the business of e-money and activities related or incidental to the business of e-money, and which are regulated and supervised by the Bank of Ghana". Three of the six mobile operators in Ghana - MTN, Airtel and Tigo - are involved in the mobile money business, which has grown from a transaction value of GHS 2.4 billion in 2013 to GHS 11.6 billion last year. The new regulation will mean that MTN, Tigo, and Airtel have a 06 January 2016 deadline to conform to the BoG's requirements.

Tags: money mobile require ghana

 

VIDEO: Ghana enters four-wheel-drive market

2015-06-29 20:36:37| BBC News | Business | UK Edition

Until now anyone thinking of buying a new 4x4 car would be unlikely to go for an African brand - largely because there weren't any.

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Ghana destroys hundreds of homes in capital in bid to prevent floods

2015-06-21 01:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Bulldozers razed hundreds of homes and businesses in the poor Sodom and Gomorrah neighborhood of Ghana's capital on Saturday so the authorities can start widening a lagoon to prevent a repeat of this month's deadly floods. Some residents said security forces sprayed them with tear gas after they threw stones to protect their livelihoods from the bulldozers. By evening, thousands were stranded in the rain amid rubble and household goods strewn for more than a mile. "What they have done is not...

Tags: to capital prevent homes

 

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